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Kirk R.
  • Peoria, IL
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VA Loan with Energy Efficient Mortgage - EEM then use 10% federal tax credit & then try for rebates from power company

Kirk R.
  • Peoria, IL
Posted Oct 30 2014, 19:14

On a VA loan anyone use an energy efficient mortgage? None of the lenders I have talked to have had experience.

I'm thinking to use the EEM to update windows doors and maybe some insulation.  The other options like solar & wind seemed like they would not be cost effective.   

Then I think I can get up to 10% tax credit on the windows up to $200 & the doors up to $300.  $500 total is the limit I think? 

Also planning to call the local power company to see if they have rebates I might be able to use. 

Trying to triple dip.

Any ideas thoughts appreciated.